When a company takes public money in the form of loans, fines or bailouts, the USA should get a percentage stake in the company. Dividends or salkes of the stakes then goes to fund Social Security, Medicare For All or PBS.

If a company keeps getting fined, instead they give up increasing stakes of the company. 10%, 20%, 40%, 80%, 100%. The USA then can fire bad management or breakup and sell the pieces.

I said last year, I wonder how long before Cuban jumps the shark. Trump is a Nazi crook. Nothing about this is anything other than extortion and thuggery. Guys, I think we're going to have to do without a single billionaire in this fight. They're all the same.

💪

Noooooo, intel is a dead company walking. If you’ve used an Apple device in the last 5 years.

Bernie is a Democratic Socialist. The Trump administration’s 10% stake in Intel is a step towards collective ownership (I.e., socialism)

Yeah government ownership in companies is called socialism

Fantastic idea in theory. We should do the same with big pharma, big oil, etc. But if t***p is behind it, there must be a grift. Is the US really taking a stake? Or is $11B cash being delivered to his Qatari bribejet until he, you know, "leaves office"?

Fingers crossed he leaves office in the cargo hold

I prefer the Bin Laden exit...ooh or the Saddam exit. No wait. The Gadafi exit. That one is my favorite!

We don't want Trump killed. That would turn him into a martyr for the idiots.

I just want a humiliating end to this regime. Something so f**king embarrassing that even the cult and their enabling media dipshits turn on him and say, "I never really liked him...he got coffee for me once..."

Oh, I think that's what will happen. One of the only things Trump can still feel is embarrassment.

Yeah, I wasn't suggesting that. Although there are a lot of similarities between him and Nicolae Ceaușescu.

He is already a martyr so??

No, you have to be killed to be a martyr.

He is acting as a Martyr for years. Witch hunt here , wronged there. Shot and miraculously healed. I have seen him as the pope, as God, as Jesus, with wings. Nobel prize laureate in spe. It hardly couldn't get worse.

His delusions don't make him actually a martyr. As the saying goes, "this too shall pass" and we'll get on with making sure nothing like this can happen again.

Yeah but is a Folie of many. So it will pass but there is a lot of cleansing to do before this passes. I see and speak a lot of people who adept to the new situation, justifying it

The question I have is: where is the money going? How do we know it’s not going in Trump’s pockets?

Uh, Bernie ... hate to break it to you, but ... Trump does NOT share profits.

In Bernie's version of the government takeover the Government then uses that money to benefit all Americans. Trumps version has him personally profiting. It isn't the same thing.

In the real world it is the same thing. If Bernie and Cuban really think this then I’m done w both of them and they are just GOP mouthpieces.

I think that so long as you operate under the assumption that democracy still exists in the US, Bernie is saying that the Gov. stake in these companies doesn’t go away at the end of Trump’s term.

And to extend that assumption out even further, a Republican administration setting the precedent that the federal government can take a position in a private company providing essential infrastructure *definitely* serves Bernie’s purposes down the road.

Again, assuming that democracy is still a thing in the US by the time 2028 rolls around.

Yep, just unfollowed Mark Cuban since he doesn’t get it. 🤷🏻‍♀️

In Bernie and Trumps version the government props up non productive companies in a form of state capitalism that drags down GDP and returns for shareholders. It is a failed ideology no matter where it is tried. Intel will never be able to make a business decision with government approval again.

Srsly. I know Mark is not that naive. And we know that $ is going into the convicted felon's pockets.

How could ANYONE EVER trust the Pedo-in-Chief?

Exactly!

I think you are right, Ms. Mary. I have iffy reactions to this.

This is only good if the benefits from these equity stakes get passed through to an outside entity, maybe a wealth fund. The IRS functions like a county tax collector and passes through all benefits, like taxes for a school bond.

@mcuban.bsky.social and @sanders.senate.gov are right!Trump should own 10% of cost plus drugs.

What harm is a little socialism if it lines the right pockets right? 47 is following the Rod Blagojevich school of industrial policy. Never give something away that has value.

Always.

Yes. and I agree as well.

They should just treat them like defense contractors. Specifically in the way they audit them.

Yeah, but I still will NEVER forgive him for what he did to Clinton helping to put Trump in office. Go phuck yourself and RETIRE! Enough with the senior senior senior citizens running the party. Oh, that's right, you don't belong to the party.

What? Campaigning harder for her than she did herself in swing states down the stretch? Clinton killed her own chances and the party establishment put Trump in office. Twice. The same establishment that said “we need a strong republican party”, that only excels in political theater.

He didn't phucking campaign for her!!! He was so pissed that the Super Delegates were against him. But he is too white and too old to even consider that he wasn't a member of the party and didn't deserve the party's nomination.

So shouldn't the US get the same buy in for ALL companies that receive federal money? and isn't that the lead up to the government controlling the means of production, which is essentially communism?

There has to be stringent guidelines on how the proceeds from those investments are handled, but yes, this could be a good deal for taxpayers.

Now this is what you are referring to with progressives backing some things

Aren’t all of these tariffs based on an emergency declaration? Did giving the us government an10% stake make the emergency go away?

Now, take over the healthcare of Americans. No profit should be made on the health of a human.

Which would be fine if the 10-15% collected from corporations paid for the greater good. In Trumpistan, I doubt we'll see a red penny of it.

Sorry, but no. This is where Europe made its big mistake and why it is behind the US economically at this time. Once you start down this road, you lose the ability to identify managerial talent, and the allocation of capital becomes a political matter, not an economic one. It is the wrong move.

No grants, tax breaks or benefits for any corporation making profits on its own or costing the taxpayer more money by giving 30 hours to their employees who then need gov benefits to survive

Bernie & Mark have us Americans' best interests at heart. Pharma is the biggest federal lobbyist to prey on us with grossly over-price our USA medications. Cost Plus RX is the best, saves me thousands of dollars every year. Thank you, Mark!! 💯

Remember when failed corporations were left to die? Remember when they weren't people? Remember the last several businesses the government put a stake in and how that benefited America. You don't remember? You're getting it right too.

Like any of that is going to the American people. 🙄 It’s all going to golf weekends and private prisons

And if it's the right plan, then have Congress vote on it. Just like any trade deal.

Bernie Sanders is a socialist. Trump isn't, and neither are you. It's like grabbing a live fish out of a pond and swallowing it whole. When a heron does it, that makes sense. When you do it, I'm calling the police.

Our government should invest in all us stocks that are considered strategic.

so Grump is now a socialist?

Of course he feels that way. Wish conservatives would call out this BS for what it is, communism.

I have concerns over conflicts of interests for the government, plus the effect on competition with those who don't have government investment.

This now puts the government in a position to favor companies in which they are invested. Any company that received a handout is now potentially favored over the others.

It also further underlines questions of corruption when sensitive technology is sold. It isn't hard for a corrupt government to undermine a nation's security in favor of greed, if it has a scheme to funnel the money off into private hands.

There are separate issues here, though I get what you're saying. My problem with this is not so much the idea that government gets a return on its investment, but that government gets more like Vader and his, "I have altered the deal. Pray I do not alter if further."

Yes. Sanders may agree with Trump in principle, but Trump's implementation will, I *suspect*, pave the path to be exponentially more corrupt. We already know the Trump Admin will push the limits of any law.

At the same time, government doesn't get enough credit for the investments it makes in the name of public good. So government grants/subsidies get taken for granted by the very businesses that develop profitable products from medical research, etc.... or farmers don't acknowledge subsidies.

The democratic party, my party, are the world's worst marketers. The republicans repackage poison into all variety of s*** sandwiches and people line up to eat them.

I've heard more than one analyst credit Tesla's success to Musk's "world class marketing" skills. And you see Musk's and Trump's branding work in action. Even if we don't buy into it, they know how to work their target audience. Agreed: Democrats need to work more in that area.

🎯

I feel better about it if Bernie is on board. My only concern is that you know trump does nothing unless it benefits his pocket in some way. So, the question is, how does this benefit trump??

That's the question, the 10% stake in and of itself isn't that troubling but where is the fine print.

He always does

he also kept F35 funding go, he is ultimately a pragmatist which is why you should probably believe him when he says this country is doomed to the wastebin of history without medicare for all... he is also so optimistic he lost the presidency through cordiality

Yes, sir. He sure does, Mr. Carpetbagger....

Yes. The socialist understands nationalizing business.

As long as it's actually Americans benefiting from this it kinda makes sense...but I feel like it's a ploy for this administration to find a way to abuse it for their own personal gains.

Wait til MAGA realizes the Cult Leader co-opted liberals'playbook: Spend like the deficit doesn't exist & demand something back from big corps who get billions in welfare. The fight is now just over how the gov't spends the $. R's are cool w/secret police, invading cities & golf vacas.

Take? Or purchase?

Bernie and Warren talking semantics about grants. Intel is currently a third rate semi co. losing a boatload of money. Good luck on that ROI. Trump is stepping out to prop up Intel for nat sec reasons in case China takes Taiwan & Taiwan semi with it. Yes, the CHIPS Act already given billions 1/2

2/2 to Taiwan Semi (despite Reuters saying not) but their first fab will only produce less then 10% of US need. And their 2ed and 3rd might not be up and running until 2028, 2029, 2030. Trump is just putting a chip down on INTC.

No way Jose or should Ii say Mark. He can say, he made the investment so the stocks belong to him.

As long as Trump isn’t skimming off the top for personal gain. Who will monitor that???

It’s an odd day when Bernie and the occupant of the White House agree on something.

I favor NOTHING about a 34x convicted felon, liable for sexual assault TWICE, racist, BFF to a known pedophile, and traitor to our country. Pardoned hundreds of insurrectionists and is now attempting to create a police state in predominantly BLACK cities. He's destroying our democracy.

Trump supports democratic socialism!

Mark how would you feel if the government owned 10% of your competition and favored them in deals?

The US government should not own any businesses.

Yes, the USA does need to be more democratically socialist

It's still extortion - what dont you get. Canada took over a pipeline but we did not extort the original company- Trump used extortion as there was no agreement- do this or we go after you - just like universities

I don't like TRUMP doing it (I think he will steal the money) but I have zero problem with the government extorting and abusing multibillion-dollar corporations. Fuck 'em. I hope we get a president someday who will do it MORE, and use the money to fund health and education.

What percentage are you giving to the federal govt? Are splitting the money you got for selling the basketball?

Will he still favor it when those 10% of Intel's shares mysteriously start showing up in the accounts of Trump cronies?

yes bc he is a cronie duh

Don't understand... a "crony" is "A longtime close friend or companion." Corruption scandals often involve a politician rewarding his "cronies." Bernie Sanders may be many things, but he is not a crony OF DONALD TRUMP, and Donald Trump isn't going to do Bernie Sanders any financial favors.

LOL. Old people need to stop. Intel is a flailing company but ya lets by stock with American tax dollar and hopes a this CPU company does something. I smell rug pull. FYI they are down 50% from 2021.

I agree. IlNeed to take stakes in Oil and Mining companies next. They are getting a free ride on public lands at taxpayer expense!

In the same article "Liberal Senator Elizabeth Warren, however, who was not ready to give Trump any credit for keeping large corporations in line. "Donald Trump seems to have stumbled on an idea that I pushed years ago to promote corporate accountability," she said in a statement to Reuters"

I would like to see the Oil and Gas companies, which get subsidies from the US Government, be partially owned by the US Government as well. Am I doing this right?

Maybe. If it was anyone but trump. I have no reason to trust trump or anyone associated with him, his politics, his finances, busineses, or his family excepting Fred’s kids. Even reasonable solutions to problems are suspect of corrupt intent. Remember the trump Trust stealing from cancer patients.

I initially thought this was a very bad idea but understand Sanders and Warren’s point of view.

Yes. But how much will Trump skim off the top. He never does anything unless he will make a buck.

Ok, fine, it might be good or not, I don’t know. I want to know what would be the reaction be if Biden or any Dem did this? Some of the same people (Fox News) that support this would call Biden and Dem a socialist.

It's an idiotic decision. Failing company, producing chips of obsolete architecture.

I trust nothing Trump does. It’s all selfish and in service of someone or something other than the American people. He already withholds funds from the states, why would this be different. One of those good ideas in theory but not in manipulative hands

This is only a good idea so long as they aren't being leveraged to further the Palantir powered theocratic fascism that has taken control of all three branches of government. Federal cops with facial recognition glasses powered by @INTEL Good idea. Wrong time. Wrong intent. 2c

I don't think we should nationalize tech companies

Will never forgive him and his Bro's for giving us #PutinsButtPlug Instead of Hillary the first go-round!

Too bad the right doesn't get it lol. Really. Do they understand we're nationalizing a portion of a private company - like Communist China does? I be not.

If the goal is ROI, then we should give these companies loans not grants and give an interest back to us. Mark knows this as a shark. I don’t think the government should own companies and control or have influence on winners and losers.

But it is classic Shark. In the old days you got a loan to expand a business. But new we have Sharks who want a 51% ownership to help a business with a good idea to grow. I really hate that show.

But you forgot to mention that this would not anyhow help to the people of the United States, but to those who is in power only. Just read the history of putin's ruzzia.

Lol so it's not socialism but the biggest socialist in the country endorses it

I wish these guys could make up their minds about what capitalism is. The only constant seems to be that the rich get richer.

😂😂😂 💯

Politics is a circle

Hopefully someone will remind Trump when/if he leaves office, that he doesnt get to take the Intel shares with him like that airplane from Qatar.

He won't get to keep the plane either. His health is so bad he probably shouldn't be flying at all. Or sorry, he should be flying everywhere. All the time. Go for a plane ride to get his diaper changed. Anyways, he'll die before the next election.

Trump believes the plane is his as a gift. He'll take it unless someone stops him.

Put him on a roller-coaster

Does he? GOP wants no regulation of business by government but now it is acceptable for government to own business. What could possibly go wrong?

Any corp that takes any gov taxpayer money, the gov gets shares.

It’d be easier to do a straight up 10% tax on all gross profits on corporations. No loopholes no write offs.

"The president just saying he wants the public to have a stake in a major company isn't the same as having a real strategy to rein in stock buybacks, onshore jobs, and support long-term economic growth in America." -Elizabeth Warren

I'm sorry. Now you're for state control of companies?

Hello Sue 🌹 We are living in harsh conditions in Gaza. War and famine threaten our lives every day. My family is in desperate need of your help. Donate anything that can lighten our burden. Don’t stay silent!🙏🏻

Sorry but can never agree with government taking part in capitalism. It’s supposed to be regulating it!

There's a new book demonstrating how T2 uses Marxist and Maoist communistic economic methods. Socialism is good. In an anticorruption gov. This is not that.

Ah the "free market" Republicans all in on socialism,err I mean "state capitalism".

I guess I need to go back to school. I don't see a progressive approving of communist programs. VOTE.

Bernie tried to get such a provision written into the 2022 CHIPS Act.

Gotta say it’s kinda a stopped clock moment here. Govt bailouts are unpopular, but in the case of the 2008 auto bailout not only saved the industry but ended up with taxpayers get every penny back plus interest

Because they stumbled into socialism. But they aren’t going to use it for the good of the people. So it’s more like fascism. 🤔

Well, that will kill the deal.🤣🤣🤣🤣🤣

No, he didn’t. It is Chinese-style state capitalism. How long before the USG starts ‘encouraging’ other firms that they must use Intel products…or else?

I want this same thing for the banks the government bailed out as well as auto manufacturers and ant other industries relying on tax payer dollars....

All 3 parts are attached to the original post. Please watch all 3! #Talk about this. #Share this. Tell people #Online & #Offline!! To no ones surprise, the Cons actually did cheat in the 2024 election. There are court cases popping up all over #WhatTheyCryOthersDoTheyDo bsky.app/profile/isth...

bsky.app/profile/isth...

Oh dear, the good ole boys won’t like this. 😂

I'm not a fan of him doing it unilaterally and with an implied threat in the slightest.

The problem I have with it is that it's investing in AI. Without an agreement for further oversight and strict federal regulations on its use, they shouldn't be allowed to proceed. Artificial intelligence is a totalitarian’s dream – here’s how to take it back theconversation.com/artificial-i...

I don’t know about that

Except the Intel stake might be like the “free” jet. *We* only get to keep it until he leaves - than it’s *his* 10% of Intel… I’d double check the terms of that deal if I were Bernie.

And I'm sure you get why Bernie Sanders gets it. They should interview him on Hannity.

It's an extension of Biden's CHIPS Act.

Dean Baker also thinks the idea has merit, though I haven't yet read what he wrote.

📌

"Households would pay an annual 2% tax on every dollar of net worth above $50 million and a 6% tax on every dollar of net worth above $1 billion." Wow. A whole TWO PERCENT? And that's after the first $50 million. Just pay the fucking tax. Sounds like you might manage to scrape by.

Right?

Bernie has been getting it right for decades.

The us government under a known fraud and conman as potus has zero business taking a stake in private tech companies. Trump has already made BILLIONS since being sworn in, profiting off the presidency and the backs of Americans.

Since Trump took office for a second time in January, he agreed to allow AI chip giants Nvidia (NVDA.O), opens new tab and AMD to sell AI chips to China in exchange for the U.S. government receiving 15% of revenues from the sales. Guess China’s no longer a national security threat.

One

And MAGA would have lost their minds if he'd proposed it. The US has done what comes next, to itself. Because for decades now the red & blue horses have forgotten they were a team, in harness to pull the country forward. Football politics. Great for tribalism, terrible for governance.

There's a few good eggs out there! Mark Cuban, Barrack Obama, Bernie Sanders, Bethany Mann from St. Charles Missouri, Alexandria Ocasio-Cortez, Zohran Mamdani to name the best of the best. I pray that our world will nurture pure hearts in our younger generations that there may be many more good eggs

@mcuban.bsky.social So as we talked about yesterday, it is Socialism. Bernie and Warren are Socialists. The issue I see is that the US Treasury will get NOTHING. The Fat Orange Chicken PEDO TACO MAN doesnt do this without having a very large stake from himself. 1/2

2/2 The American people will get NO Return, they will see no benefit. This will not lower prices, increase salaries or in any way improve lives for the working class. It will take value from 401k accounts, so there's that

If a 10% govt stake in Intel makes sense given taxpayer support, why not in all firms getting grants or subsidies? Defense, pharma, EVs all benefit. Why is this smart policy here but ‘socialism’ elsewhere? Is it because one party gave the funding and the other equitized it? So no one to blame?

Because nothing the U.S. government touches has ever gone to shit. Seems like a good way to keep private businesses from taking government loans or handouts.

OR WE COULD JUST EFFING TAX CORPORATIONS AT THE SAME LEVEL WE DID IN THE 60s

Is that a "tax" then?

Bernie has it wrong. A Government is for governing, not for investing in companies. If they want input, make laws or guidelines where that kind of companies has to abide by. Otherwise call yourself a communist government

This headline is incredibly misleading and your stance on this is ridiculously myopic

It's a socialist move.

That’s how you know it’s wrong. Just wait until they start taking property.

If your favorite socialist is Mussolini.

He does not. It is fundamentally picking favorites unless the government owns shares in each and every public firm. How DARPA and the grant programs worked was good enough, though imperfect.

Good to know.

I absolutely agree that the American people should benefit from our investments. But I also don’t think we should say something is a grant and then treat it like it’s not.

Should the federal government get 10% of energy industry profits, too, since there are so many subsidies?

Western social democratic government invest massively in private businesses. Sanders gets this. What’s funny is that Trump used this fact as a justification for tariffs. Everything is upside down with this man.

Trump is just trying to save himself from prison and can’t be trusted!

Seriously? You think these people should have a stake in Critical companies?

Awesome. You called it. Great solution. I however don't trust current administration to administer it correctly or execute fairly.

1) Don't support the "fascist" and 2) anyone who thinks this doesn't result in an Orban/Putin type kleptocracy is smoking something. Which department "owns" the stocks, who makes decisions about the stocks, does Congress have any role, is there any guarantee it doesn't end up in the "Trump library"

along with the plane? Would much rather see conditions re: employee safety, collective bargaining, commitment to stay in US etc than TRUMP controlling valuable stock. You and Bernie need heavy doses of reality checks.

Sanders is right. Obama let government take shares of GM to help them stay afloat. Consequently, if Trump helps Intel & other USA chip makers stay afloat, that’s okay. The big but unknown is Trump can’t be trusted not try to take a piece of Intel for his or his friends personal gain. We will see.

No. “We will NOT see.”

I could not disagree with you more. The government has no business owning businesses. The government should be taxing profits not owning stock. Eliminate many of the write offs business receive and tax their profits. What’s the difference between giving businesses grants & people a minimum income?

I think he maybe on to something. The US government owns the patents on many drugs.

You’re getting dragged, but I think it’s because the media hasn’t done a great job characterizing this deal. Progressives should be talking about how a wholly corrupt administration basically extorted a private company into doing something very … pseudosocialist!?!?!

It cute how naive this little billionaire is. He thinks Trump is commandeering a major American private company for the good of the nation instead of his personal profit.

The USA government should also take a stake in every single invention government $$$ supported And should benefit from those inventions forever

STATE RUN CAPITALISM DOES NOT WORK MARK Stop supporting this communist crap. I hate it when Bernie says it as it consistently fails when it is tried in other countries. "China’s CHIP DREAM in RUINS — Billion Dollar Factories Stand Abandoned" www.youtube.com/watch?v=qRpy...

Bernie never stops never stopping. Sometimes I hear his words and they give me hope.

Not much different than when the Obama Administration bought into General Motors to bail them out. There was conservative outrage over that.

Except GM got a loan which it could pay back to us taxpayers so it is nothing like this were the US Treasury in the name of We the People (the taxpayers) now own a big chunk of Intel stock.

It's hilarious to me that Trump is adopting the policies of socialists like "Red Ken" Livingstone, the former British Labour MP, and conservatives are lapping it up!

What kills me is the rank hypocrisy of conservatives/libertarians staying silent on an American sovereign wealth fund.

There are articles which ask why "staunch capitalists" co-opt socialism... Let's just say I don't trust Trump's motives or legality. Intel & Navidia might play along while Trump is being illegally ham-fisted, but they'll get this thrown out in court when he's gone.

How about the extortion against Intel, and Apple, and Nvidia. Shareholders should be bringing class action lawsuits against the government.

shaht up

Your country is on the verge of a defacto schism that can only make many things in your country worse and your communicating like a businessman who thinks he can stick handle through it, EXPLAIN to me why repubs in California are attacking dems in their state instead of criticising repubs in texas

Because repubs everywhere are authoritarians who don't want democrats to hold power anywhere. They behave this way because the avg republican voter is an authoritarian bigot.

No, the "average" GOP member is an uneducated, backward, poor, religious zealot bigot. The rich ones are the authoritarians.

What if we had taken stakes in car companies, banks, farms and OG formally instead of bailing out or giving subsidies. Would there even be a personal income tax?

My only issue is I don't see that flowing to anyone but the wealthy. My taxes are still ridiculous my benefits are dwindling.

Democratic Socialist approves of socialist policy proposal

How much would Intel or other corporation that uses the internet be worth if they had to build out their own internet. lol. Or educate their own employees? Or create their own court system to enforce the rights to their IP? Capitalism is when they use The Commons for free - but keep the profits.

Has Bernie head the fine print? I bet you haven’t either.

It’s Mark Cuban agreeing with Bernie Sanders on a specific issue, likely related to U.S. policy or social concerns, as highlighted in a Reuters article he shared. This shows alignment with progressive views on that topic.

I don't agree with Sanders, either.

And @barackobama.bsky.social should have gotten stakes in FinServ companies for bailing them out. Because he was too scared to be called a socialist, he didn’t. Dems need to stop being so weak and noncommittal. We have values and we should stop letting Traitors define us

Except Democrats are NOT socialist for the most part. Bernie is not a Dem because he wants to be a socialist. We'll see if any other financially literate Dem agree with this. Intel was great when it spent a lot on very advanced R&D and develop manufacturing in house in the US. Offshoring killed it.

nope. He does not. He mistakes motive behind the move. For likes of trump, it is filling the coffers he can dip into. It will never be used for good of the people.

Seizing the means of production reminds me of something. Hmmm, can’t quite put my finger on it…

LADIES AND GENTLEMEN: THE MOBSTER PRESIDENCY COURTESY OF DONALD TRUMP. EVERYONE IS EXPECTED TO KICK A PERCENTAGE UP TO THE BOSS. DEPLORABLE, DISGUSTING, IMMORAL, ILLEGAL. ONE THING TRUMP DIDN'T LEARN WHILE EMULATING THE MOB BOSSES IN NEW YORK. SOONER OR LATER THEY GET TAKEN OUT. USUALLY BY THEIR OWN

He always did

Is the money going into FOTUS pockets?

Corporatist Fascism. Bernie is wrong.

This might be a kiss of death lol